The National Association of Realtors is panicking.
Started by pulaski
over 15 years ago
Posts: 824
Member since: Mar 2009
Discussion about
"Still Wondering If The Foreclosure Freeze Will Hurt The Housing Market? Ask The NAR." "NAR warned that a prolonged review process would have a damaging impact on many communities and hinder the nation’s economic recovery." Not to mention broker's jobs! Will someone please think of the brokers!! http://www.businessinsider.com/still-wondering-if-the-foreclosure-freeze-will-hurt-the-housing-market-ask-the-nar-2010-10
NAR officials should never speak in public without their Lawrence Yun talking points close at hand. Get the Yunmeister on the case and this whole foreclosure freeze thing will sound bullish!
Translation:
Commissions in jeopardy.
"Agents flee real estate slump"
"State licenses down sharply from 2007 high"
"After suffering four years of slings and arrows from an outrageous housing market, California real estate agents abandoned their licenses at a rate of 2,228 a month for 30 straight months as of August, according to data from the Department of Real Estate."
http://www.nctimes.com/business/article_72d7e338-96ff-572c-9dba-ce1ce4980796.html